The Minister for Finance Brian Lenihan T.D. today (4th February, 2010) published the Finance Bill 2010 which gives effect to the taxation measures announced in last December’s Budget. The Minister said:
The Minister for Finance, Mr. Brian Lenihan T.D., announced today his intention to delegate additional functions in the banking area to the National Treasury Management Agency (NTMA).
The main functions which the Minister intends to delegate are as follows:
1. Discussions with the covered institutions on their capital needs will be led by the NTMA.
The Minister for Finance, Mr. Brian Lenihan T.D., today announced the appointment of Mr. Klaus Regling to conduct one of the preliminary investigations into the crisis in our banking system. Mr Regling has said he intends to begin his work shortly. He will have the assistance of another expert in his work.
The Government has appointed Mr Kevin Cardiff to be Secretary General of the Department of Finance, with effect from the end of this month. Mr. Cardiff will replace Mr David Doyle, who is retiring.
Mr. Cardiff joined the Department of the Public Service (DPS) in 1984. He joined the Department of Finance in 1987.
The following statement was issued today (Tuesday, 5 January 2010) by the Minister for Finance, Mr. Brian Lenihan, T.D.
At end-2009, an Exchequer deficit of €24,641 million was recorded. Tax revenue, at €33,043 million was €1,357 million or 3.9 per cent behind profile. Total net voted expenditure at €47,163 million was €221 million or 0.5 per cent less than profiled.
Monday, 4 January 2010
The Minister for Finance has today announced the names of the nine members of the NAMA Board. They are
Frank Daly (Chairman)
The Chief Executive of the NTMA, Mr John Corrigan and the Chief Executive of NAMA will be ex-officio members of the Board.
22.12.09Minister for Finance, Mr. Brian Lenihan, TD, publishes second Independent Review on Credit Availability for Small and Medium Enterprises (SMEs)
The second Report of the Independent Review of Credit Availability published today shows that lending to the SME sector (excluding speculative construction and real estate sectors) declined by 2.6% over the period from March to September 2009.
The Minister for Finance, Mr Brian Lenihan, T.D. today welcomed European Commission State aid approval for a revised State Guarantee to facilitate longer-term funding by credit institutions in Ireland of up to five years duration.